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1301-1320 of 2078
Just bot b4 lunch time at 1.6 ;)
shoemaker ( Date: 27-Jan-2011 14:49) Posted:
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Personally I think $1.60 is an amazingly low price considering that it is WAY BELOW its NAV and it's historical PE. Everybody seems to be very bearish with this counter with all the government cooling measures going on. Other property players in China are also suffering the same fate... Vanke, Shimao, you name it. I think this counter is certainly WAY OVERSOLD judging from the price dip after news that the cooling measures had little effect on the china property market, and then dipped further when fresh measures are unveiled.
In my opinion its CEO Zhong Sheng Jian is a visionary and highly competent leader - he has just been awarded the Businessman of the Year under Singapore Business Awards 2010, and he is one of the few billionaires in Singapore and China but prefers to keep a low profile.
If you are a firm believer of contrarian investing, it makes every sense to collect bit by bit during a bear trend, because sooner or later, the market will realise that it has been oversold and rebound to even greater heights. Why I am confident of this happening is because Yanlord is a very well-managed company with strong fundamentals, has an excellent branding in China. Yanlord is described to be synonymous with high-class, luxury residential living in China. Furthermore, the luxury residential market is one that has relatively little competition given its high barrier of entry, meaning that it would have a higher profit margin.
These are qualities that Warren Buffett look out for in a company that he wants to buy.
And of course, the fact that Chinese are becoming increasingly wealthy means that cooling measures will likely have a temporary but not permanent effect on the stock. Just like in Hong Kong, property prices are the highest in the world but many are still willing to pay the high price for a piece of real estate there. Major cities in China will inevitably follow that trend as they become increasingly globalised.
OK, enough of bullshit from me. Bottomline is I am absolutely bullish on this stock and I am thinking of buying more when it dips lower. If your faith in this counter is wavering, feel free to post your views so we can all discuss openly based on facts. If you have any alternative views, I'm more than happy to hear them. Cheers!
shweli ( Date: 27-Jan-2011 12:02) Posted:
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Singapore Hot Stocks-Yanlord falls on China property measures
SINGAPORE, Jan 27 - Shares of Singapore-listed Chinese property developer Yanlord Land fell as much as 3 percent to a seven-month low on Thursday after China unveiled fresh measures to curb property prices.
At 0350 GMT, shares of Yanlord were 2.4 percent lower at S$1.60 with over 3.1 million shares changing hands.
Smaller China property firm Pan Hong Property Group retreated 5.7 percent to S$0.415.
"Yanlord is one of the most prominent China property plays listed here, so China's tightening measures have definitely taken a toll on their shares," said a local trader.
Banks in China would require a down payment of at least 60 percent for second-home buyers, up from 50 percent currently, according to a state media report citing a cabinet statement.
shoemaker ( Date: 20-Jan-2011 08:00) Posted:
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yyvonne ( Date: 19-Jan-2011 19:53) Posted:
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Blastoff ( Date: 19-Jan-2011 18:54) Posted:
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NOTICE OF CHANGE IN THE PAID-UP CAPITAL OF YANLORD LAND GROUP LIMITED
The Board of Directors of Yanlord Land Group Limited (“Company”) wishes to announce that the paid-up capital of the Company has been increased to S$1,478,621,840 comprising 1,944,464,476 ordinary shares. The increase in the paid-up capital of the Company is due to the issue of 300,000 new ordinary shares in the Company pursuant to exercise of options granted under the Yanlord Land Group Pre-IPO Share Option Scheme.
Yanlord Land Group Ltd (“Company”) announced that it has through its subsidiary, Yanlord Development ( Tianjin ) Co., Ltd (“YDT”), set up a wholly-owned subsidiary in Tianjin , People’s Republic of China (“New Subsidiary”). The name of the New Subsidiary is Tianjin Yanlord Garden Co., Ltd, which has a registered capital of RMB10,000,000. The principal activities are landscaping, gardening and other related activities.
Bluevaio ( Date: 08-Dec-2010 22:46) Posted:
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hope to catch this at 1.60
otherwise will go for capland
Yanlord successfully acquires 149,700 square metre (“sqm”) gross floor area (“GFA”) prime residential development site in Longgang Town Centre of Longgang District, Shenzhen for RMB945.0 million. Ideally situated within the Longgang Town Centre, the site is in close proximity to the Baolong Industrial Park and is to be linked to Luohu, Shenzhen’s city centre via a 20 minute drive. This latest acquisition further capitalises on key initiatives by the government to develop 2.5 million sqm residential district with a comprehensive suite of amenities in this area.
/sgx masnet/
enghou ( Date: 10-Dec-2010 23:51) Posted:
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Citi recommends BUY with Target Price at $2.38
It is currently trading at 51% discount to net asset value
Wish you a nice weekend
break 1.7 this ex darling will fly..
gd luck!
